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    Question

    An article's cost price is one-third of its marked

    price. If the profit earned from selling the article is 40%, what is the ratio of profit to the discount offered on the sale of the article?
    A 4:1 Correct Answer Incorrect Answer
    B 2:3 Correct Answer Incorrect Answer
    C 3:2 Correct Answer Incorrect Answer
    D 1:4 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. '100x' So, marked price of the article = 100x X 3 = Rs. '300x' And, selling price of the article = 100x X 1.4 = Rs. '140x' Profit earned = 140x - 100x = Rs. '40x' So, discount allowed = 300x - 140x = Rs. '160x' So, required ratio = 40x:160x = 1:4

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